§5D-1-12. Maintenance, Operation and Repair of Projects
Each electric power project, each natural gas transmission project or other energy project owned and operated by the authority, when constructed and placed in operation, shall be maintained and kept in good condition and repair by the authority. Each such project owned and operated by the authority shall be operated by such operating employees as […]
§5D-1-13. Bonds Lawful Investments
The provisions of sections nine and ten, article six, chapter twelve of this code to the contrary notwithstanding, all bonds issued by either the West Virginia economic development authority or the authority for the purposes of this article shall be lawful investments for the West Virginia state Board of Investments and shall also be lawful […]
§5D-1-14. Exemption From Taxation
The exercise of the powers granted to the authority by this article will be in all respects for the benefit of the people of the state, for the improvement of their health, safety, convenience and welfare and for the enhancement of their residential, agricultural, recreational, economic, commercial and industrial opportunities and is a public purpose. […]
§5D-1-15. Acquisition of Property by Authority — Acquisition by Purchase, Lease or Eminent Domain; Governmental Agencies Authorized to Convey, etc., Property; Sale of Property by Authority
The authority may acquire by purchase, or otherwise, as authorized by this article whenever it deems such acquisition expedient, any land, property, rights, rights-of-way, franchises, easements, leases and other interests in lands it deems necessary or convenient for the construction and operation of any natural gas transmission project, any electric power project, or other energy […]
§5D-1-16. Authority Not Public Utility and Not Subject to Full Jurisdiction of Public Service Commission; Authority Subject to Provisions Concerning Gas Pipeline Safety
Notwithstanding anything contained in this article to the contrary, and specifically notwithstanding any activities of the authority which shall constitute a public service, the authority shall not be considered or deemed a public utility in any respect for purposes of chapter twenty-four of this code, and neither the authority, nor any of its activities or […]
§5D-1-17. Transportation of Gas From Natural Gas Transportation Projects by Gas Utility Pipelines as Common Carriers
In conjunction with any natural gas transportation project, and for any other purpose in order to effectuate the policies and intent of this article, the authority may petition the Public Service Commission, pursuant to section three-a, article three, chapter twenty-four of this code, to authorize and require the transportation of natural gas for the authority […]
§5D-1-6. Authority May Construct, Finance, Lease, Sell, Maintain, etc., Electric Power Projects and Transmission Facilities
To accomplish the public policies and purposes and to meet the responsibility of the state as set forth in this article, the West Virginia public energy authority may initiate, acquire, construct, maintain, lease, lease with an option for the lessee to purchase, sell, by installment sale or otherwise, or otherwise dispose of, repair and operate […]
§5D-1-7. Authority May Construct, Finance, Maintain, etc., Natural Gas Transmission Projects and Facilities
To accomplish the public policies and purposes and to meet the responsibility of the state as set forth in this article, the West Virginia public energy authority may initiate, acquire, construct, reconstruct, enlarge, maintain, repair, improve, furnish, equip, lease or rent, and operate natural gas transmission projects at such locations or areas within the state […]
§5D-1-2. Purpose and Intent
The Legislature finds and declares: (a) That the long-term health and economy of the United States will depend upon the availability of reliable sources of energy; (b) That the State of West Virginia has abundant reserves of coal, natural gas and other natural resources; (c) That the economy of the State of West Virginia needs […]
§5D-1-3. Definitions
As used in this article, unless the context clearly requires a different meaning: (1) "Authority" means the West Virginia public energy authority created in section four of this article, the duties, powers, responsibilities and functions of which are specified in this article.